Business Analyst - Technology Business Management (TBM) Expense Transparency Consultant

Technology Business Management (TBM) Expense Transparency Consultant

New York, NY (Hybrid – 3 Days Onsite / 2 Days Remote; Additional Onsite Presence as Required)

Position Overview

Next Generation, Inc. is seeking experienced Technology Business Management (TBM) Expense Transparency Consultants to support enterprise-wide IT financial transparency initiatives across multiple technology service towers, including Product Management, Infrastructure & Operations, Cybersecurity, and other IT functions.

This is a Business Analyst position and not a Technical Business Analyst role. The ideal candidate will possess a strong background in IT financial management, cost transparency, budgeting, financial reporting, and stakeholder engagement. The consultant will play a key role in improving visibility into technology spending, strengthening financial accountability, and aligning IT investments with business value.

This position requires an individual who can effectively bridge Finance, IT, and business operations while managing complex financial datasets, cost allocation methodologies, and reporting frameworks.

Key Responsibilities

Technology Business Management (TBM) & Expense Transparency

• Lead and support Technology Business Management (TBM) Expense Transparency initiatives across all IT service towers.
• Ensure consistency in financial reporting, allocation methodologies, cost modeling practices, and transparency frameworks.
• Develop, maintain, and continuously enhance TBM financial models and reporting structures.
• Support service tower mapping, cost allocation models, and run-versus-innovate classifications.
• Analyze and interpret IT spending patterns, cost drivers, and financial trends.

Financial Planning, Reporting & Analysis

• Maintain and support reporting utilized to communicate IT financial performance and spending insights to leadership and stakeholders.
• Validate, update, and enhance allocation methodologies and cost transparency frameworks.
• Perform financial analysis to identify trends, opportunities for optimization, and potential cost efficiencies.
• Ensure accuracy, consistency, and defensibility of financial reporting outputs.
• Refine data sources, mapping logic, allocation rules, and financial assumptions to improve reporting quality.

Stakeholder Collaboration

• Partner closely with IT Service Owners, Finance teams, Procurement groups, and business stakeholders.
• Validate financial inputs and improve alignment between IT costs, services, and business outcomes.
• Facilitate discussions regarding cost structures, expense drivers, and budgeting strategies.
• Translate complex financial and operational data into meaningful business insights for non-financial audiences.

Process Improvement & Governance

• Support continuous improvement initiatives related to IT financial management and TBM practices.
• Assist in establishing standardized reporting processes and governance frameworks.
• Promote financial accountability and transparency across IT organizations.
• Ensure compliance with established financial management and reporting standards.

Required Qualifications

Demonstrated experience in

Technology Business Management (TBM)

IT Financial Management (ITFM)

Cost Transparency Programs

Financial Planning & Analysis (FP&A)

IT Budgeting and Cost Management

Strong understanding of

Budgeting and Forecasting

Cost Allocation Methodologies

Procurement Processes

Contract Management

Financial Reporting and Analysis

Advanced Microsoft Excel expertise, including

Complex Formulas

Financial Modeling

Pivot Tables

Scenario Analysis

Data Manipulation and Reporting Automation

• Proven ability to work effectively with Finance, IT, and business stakeholders.
• Strong analytical, problem-solving, and organizational skills.
• Excellent written and verbal communication skills.
• Ability to present complex financial information to non-financial audiences.

Preferred Qualifications

TBM & Financial Transparency

• Experience supporting TBM frameworks and cost transparency initiatives.
• Knowledge of cost allocation methodologies and IT cost modeling best practices.
• Experience creating and maintaining financial transparency reporting and dashboards.

Reporting & Analytics

Experience utilizing

Power BI

Financial Dashboards

Data Visualization Tools

Executive Reporting Frameworks

Ability to analyze large and complex financial datasets.

Enterprise Systems

Hands-on experience with

ServiceNow IT Financial Management (ITFM)

ServiceNow CMDB

ServiceNow Asset and Request Management

ServiceNow Service Taxonomy Frameworks

Experience with PeopleSoft Financials or comparable ERP platforms such as SAP, Oracle Financials, or Workday Financial Management.

Ideal Candidate Profile

The successful candidate will be

• A highly analytical and detail-oriented Business Analyst with a passion for financial transparency and operational excellence.
• Skilled at identifying financial trends, cost drivers, and opportunities for process improvement.
• Comfortable working independently while managing multiple priorities and deadlines.
• An effective communicator capable of collaborating with both technical and non-technical stakeholders.
• Experienced in navigating large, complex financial datasets and evolving TBM frameworks.
• Adaptable and capable of thriving within fast-paced, enterprise-level environments.

Preferred Industry Experience

Candidates with experience supporting the following environments are highly preferred

Public Sector Organizations

Transportation Agencies

Large Enterprise IT Organizations

Technology Business Management (TBM) Programs

IT Financial Management (ITFM) Initiatives

Infrastructure & Operations Organizations

Cybersecurity Organizations

Additional Preference

Prior experience supporting large public-sector organizations is highly desirable.

Benefits

Competitive hourly rate range from $75.00 to $100.00 an hour